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Avesthagen breaks ground for its new corporate headquarters and R&D center at International Technology Park, Whitefield, Bangalore

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Bangalore, India
March 21st, 2007

Avestha Gengraine Technologies Pvt. Ltd. (Avesthagen), a leading biotechnology company today began construction of its new 250,000 square feet corporate headquarters and state-of-the-art R&D center at the International Technology Park, Whitefield, Bangalore. Avesthagen-One, as the building will be known, promises to be iconic in more than one aspects Avesthagen-One has been designed by the world-renowned Architect Hafeez Contractor and clearly represents what the company stands for viz. uniqueness, open-mindedness, trust, partnership and innovation.

On March 21st, 2001 Avesthagen’s business operations at the International technology park were inaugurated by Shri. S.M. Krishna, the CM of Karnataka state.

Currently, Avesthagen operates out of 50,000 square feet at the International technology park. Keeping in view its global ambitions, aggressive growth strategy and plans, the management felt that it was imperative to construct a R&D centre dedicated to Innovation with its Systems Biology Platforms. Avesthagen at present employs 250 people worldwide and plans to add up another 400 employees within the next 6 to 9 months.

The fourteen floors high Avesthagen-One is designed to make use of natural elements such as trees, fountains, natural lighting, natural ventilation that will offer a tranquil setting, which will allow researchers to explore and interact without bias or fear. The settings are intended to allow the company’s creative workforce to generate ideas and innovate as also to educate and promote brand awareness. They will also help build community and trust. All these settings are vital to increase productivity in a contemporary work environment.

Keeping with the tradition of Bangalore, Avesthagen-One will be one of the leafiest buildings in the city that will have strategically designed gathering spaces, positioned to serve areas for concentration, work, laboratories, touchdown and interaction.

Since its inception Avesthagen has grown into one of India's leading healthcare technology group in India, pursuing its vision of convergence of food, pharma and population genetics leading to preventive personalized medicine. Its activities include, in addition to its agri-biotechnologies product pipeline, development of scientifically validated bioactive nutraceuticals, derived from Indian medicinal plants, as well as the development of a pipeline of bio-similar drugs. Avesthagen has four strategic business units: Biopharmaceuticals, Food for Medicine (Bio-nutritionals), Seed for Food (agribiotech) and Science Innovation. Avesthagen's partners include multiple top 10 global companies in each of its fields of research.
Avesthagen collaborates at every stage in the value chain with appropriate partners, both public and private, for access to and exchange of technology and overall commercial expertise to leverage the ‘India advantage’.

 

 

 

 

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